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TSX Market Update 2024-08-12

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SP/TSX rose +0.4% (+87.9 pts), closed at 22399 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 80 (53%) closed higher. 63% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to +3.4%. only 2 sectors outperformed the market. The market was up +0.5%; Basic Materials was up +3.4%, the best performer; Technology was down -1.5%, the worst performer.

● IAMGOLD (IMG) jumped +10.8% (+$0.63), closed at $6.49, rose 3 days in a row, hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=IMG.TO

● Barrick Gold (ABX) jumped +9.4% (+$2.24), closed at $26.15, rose 3 days in a row, the best % gain in more than 47 months, crossed above MA20 ($25.01).
360miq.com/stockinfo?code=ABX.TO

● G Mining Ventures Corp (GMIN) spiked +7.1% (+$0.62), closed at $9.38, the best % gain in nearly 2 months, crossed above MA20 and MA50 ($9.35, $9.18).
360miq.com/stockinfo?code=GMIN.TO

● Curaleaf Holdings (CURA) tumbled -5.3% (-$0.24), closed at $4.28, hit a YTD low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=CURA.TO

● Algonquin Power & Utilities Corp (AQN) plunged -4.7% (-$0.35), closed at $7.07, hit a YTD low.
360miq.com/stockinfo?code=AQN.TO

360miq.com/market?data=TSX#tab-3

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